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The emergence of shareholder capitalism
Friends,
Tomorrow we’ll move on to Class 3 of my “Wealth and Poverty” course, along with new readings and additional materials.
Last week, in the second class, we examined how the financial incentives operating on corporations and their top executives have changed over the last 40 years in ways that have contributed to widening inequalities of income and wealth. I’m posting a very short “teaser” recap below. If you missed Class 2, you can find it by clicking here: Class 2.